Loom Network (LOOM)

Loom Network is an American startup with its own cryptocurrency, implemented on the Ethereum blockchain. It is designed to solve the problem of scalability when working with decentralized applications. Cryptocurrency of Loom Network has a stock Ticker LOOM. It was established in the first quarter of 2018. A total of 1 billion coins was released, of which 606 million LOOM are in circulation at the time of writing. As of May 23, 2018, the total capitalization exceeds 243 million dollars. The daily turnover on all exchanges is $8 million. The token costs $0.4. Trading with LOOM token began on March 14, 2018, at a price of $0.076. So far, the coin shows an upward trend in growth. Especially the token has grown in value since May 2, when listing of LOOM on the Binance crypto exchange was held. In just 3 days, the price rose from $0.31 to $0.69.
Rank 83
Price $0.1273
Market Capitalization $76 499 011
24 Hours Volume $4 021 214
Available Supply 601 010 547 LOOM
Total Supply 1 000 000 000 LOOM
Change (1 Hour) 0.56%
Change (24 Hours) 1.61%
Change (7 Days) 4.47%
Cryptocurrency News
October 22nd, 2018

The successful implementation of the Beryllium Bullet hard fork has caused the transaction fee to reduce by 97% on the Monero network, with improved resistance to ASIC mining.

October 22nd, 2018

For the first time in the history of digital assets, MGO is going to witness massive adoption by 500,000,000+ users of Xsolla, the world’s leading payment processor conceived specially for gaming.

October 22nd, 2018

An avalanche of mergers and acquisitions taken place in the industry make experts suggest that stagnant cryptocurrency prices benefit business activity.

October 22nd, 2018

Serena Dorf, a professional content writer from LA, helps gain deep insights into cryptos listing up 7 ways to educate yourself about this volatile new industry.

October 22nd, 2018

After finding multiple bugs in the code released on the Ropsten testnet, the developers have now decided to postpone the mainnet release.

October 22nd, 2018

An ICO platform is delivering a full token sale support, including complete technical assistance, marketing, legal, banking, and PR services.

October 22nd, 2018

The leading stablecoin Tether is challenged by PAX which has seen growth lately and has a market capitalisation of $41.94 million.

October 22nd, 2018

Before EOS can return to its uptrend movement, the bulls will have to increase their momentum, push the EOS price above the resistance level of $6.3 and sustain it.

October 20th, 2018

The report goes to show astonishing details of how ICO projects failed drastically failed to meet investors’ expectations and trust.

October 19th, 2018

The Wall Street banking giant and Galaxy Digital Ventures together invested a total of $15 million in the Series B funding round for BitGo.